Line of Credit Loans
Smart Home Loan
If you have several loans or credit cards, why not consolidate all your debts into one line of credit and reduce interest costs and bank fees?
| Rate | Low, variable interest rate with an additional discount of 0.50% p.a. if your total loan is more than $300,000. Interest is only payable on the line of credit account balance. |
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| Loan term | As short or as long as you like |
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| Repayments | Interest Only |
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| Paid by | Direct debit and salary crediting |
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| Additional payments | Yes, any time and free of charge |
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| Monthly fee | No monthly fee. An annual fee applies. Unlimited free transactions apply to the VISA card. 10 free withdrawals per month on the line of credit. |
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| Ongoing fees | No |
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| Redraw | Yes |
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| Line of credit | Access to your funds by ATM and EFTPOS with VISA card and a cheque book. |
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| Bills | Pay bills with your VISA card with BPAY® |
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| Credit card | Nil interest VISA card for day-to-day spending and cash advances from any ATM, linked to your line of credit account. |
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Call a Mortgage Specialist on 1800 100 258 or see your broker. If you know what your current outgoings are, we can give you an idea of the savings you could make over the phone.
ING DIRECT is a division of ING Bank (Australia) Limited ABN 24 000 893 292 AFSL 229823.